UGL wins $108m in new contracts

Engineer
UGL
says it has secured $108 million in new supply and maintenance projects.

The new orders include the design and manufacture of 10 C44ACi locomotives, incorporating technology from GE Transportation, for Xstrata Coal, a 10-year maintenance program for the locomotives and a further 300 wagons.

UGL Rail will service the orders from its Taree, Goulburn and Broadmeadow facilities. The majority of the manufacturing and supply projects had begun.

“The manufacturing and 10-year maintenance program with Xstrata Coal is a particularly pleasing development as it illustrates UGL’s ability to provide a total solution for our customers, and at the same time, lock in longer term, predictable revenue streams," UGL chief executive
Richard Leupen
said in a statement.

Mr Leupen said that UGL’s rail business had a strong pipeline of tendering opportunity in the Australian market and is assessing other opportunities in new and existing international markets.